Question

CAGR is a way to measure how an investment or business has grown over a specific period of time. It takes into account the effect of compounding, which means that the growth builds upon itself.What does ‘C’ in CAGR stand for?

A Calculate Correct Answer Incorrect Answer
B Compound Correct Answer Incorrect Answer
C Critical Correct Answer Incorrect Answer
D Cashless Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Compound annual growth rate (CAGR) is a way to measure how an investment or business has grown over a specific period of time. It takes into account the effect of compounding, which means that the growth builds upon itself.

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